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Very confusing Trade Policy for South Korea & Japan ?

Trump is not a deal maker. He is a deal breaker. Even breaking trade deals he made himself for North America after breaking the previous NAFTA.

 

The US had a FREE TRADE Agreement with South Korea. That means both sides agreed they would not tariff or restrict trade between them.

Also see KORUS FTA – https://en.wikipedia.org/wiki/United_States%E2%80%93Korea_Free_Trade_Agreement

OR see what the US says about the agreement before this was imposed. – https://www.cbp.gov/trade/free-trade-agreements/korea

Trump has now imposed a 25% tariff on South Korea.

Is there anyone in his admin that understands what they are doing ? What do you expect to gain when they are imposing no tariffs on you ?

South Korea holds 1.5% of all US debt. If they quit buying US debt, do you think Japan will step up it purchases of US debt ?

Just like the 25% tariff on Japan. Does ‘anyone’ in this admin know who is buying all this extra US debt that is being created ?

Japan holds more than $ 1 Trillion of US debt and the question is, who might buy the new $4 Trillion being created right now ?

If Japan just quit buying NEW US DEBT, it would be catastrophic for the US.

Somebody better start thinking as this could explode quite quickly.

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